NZDUSD channel analysis

NZDUSD technical analysis: Testing critical channel resistance level | 20th June, 2017

Posted on Posted in Technical Analysis

Bearish trade setup in the NZDUSD pair near the channel resistance First Critical Resistance: 0.7300 Second Critical Resistance: 0.7402 First Critical Support: 0.7095 Second Critical Support: 0.6830 Overall Sentiment: Bearish ∇ There NZDUSD pair has rallied higher for the last consecutive 5 week and currently, the bullish momentum of this pair has ceased after the pair Read More

multiple time frame analysis

How to do the perfect multiple time frame analysis

Posted on Posted in Articles

Importance of multiple time frame analysis There are many ways of trading the forex market in today’s world. Every trader has their own unique trading system which is being developed based on their personality. Some of the new retail traders often buy trading strategy from the expert to make a decent profit but still, they Read More

AUDUSD technical analysis | 8th may

AUDUSD pair testing 61.8% retracement level | 8th May 2017

Posted on Posted in Technical Analysis

AUDUSD technical analysis: Testing 61.8% retracement level | 8th May 2017 First critical Resistance: 0.7520 Second critical Resistance: 0.7451 First critical Support: 0.7380 Second Critical Support: 0.7390 Overall Sentiment: Bullish Δ The AUDUSD pair sharply dropped in the global market after hitting the long term bearish trend line resistance level at 0.7746.We took short entry at Read More

latest usdjpy technical analysis

Possible breakout of channel resistance in USDJPY pair | 4th May 2017

Posted on Posted in Technical Analysis

USDJPY technical analysis: Possible breakout of channel resistance |4th May 2017 First critical Resistance: 112.70 (Channel resistance) Second critical Resistance: 115.42 (High of 10th March 2017) First critical Support: 108.23 Second Critical Support: 105.40 Overall Sentiment: Bullish Δ The USDJPY pair rallied higher towards the channel resistance level and we have booked 75 percent of our Read More